BASFs Printing Systems division is reporting a strong performance despite market conditions affecting the outlook for its parent company.

"This year has been a little more up and down than usual, but so far we have had a very reasonable year," said BASFs Printing Systems deputy managing director, Robert Kinkead.

Dr Jrgen Strube, chief executive of parent group BASF said it would miss targets of raising operating income by 10% next year.